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Trond G Kristoffersen, who co-founded the collapsed Finance Credit firm, has been indicted for allegedly swindling Norwegian banks for NOK 1.4 billion. He's also suspected of stashing away funds from Finance Credit. Kristoffersen has been sitting in jail because prosecutors...
Bank International Indonesia (BII) will disburse loans totalling Rp100 billion (US$11.8 million) to bolster activities in the real sector and…
#bank#banks#international
Japan has been growing faster than the US for the first time since 1991, according to revised second-quarter gross domestic…
#bank#exports#ING
A good year at the local SBA office. Small-business funding in Western Washington totalled $286.2m in loans to 1,329 companies…
Tax and business-expense changes enacted earlier this year should begin to kick in before the end of the year, generating…
#Boost#Jobs#small business
Two crucial provisions in the Securitisation and Reconstruction of Financial Interest and Enforcement of Security Interest Act, enabling banks and…
The Czech National Bank's (CNB) decision to require banks to create mandatory minimum reserves as of November 6 will create…
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The South African Reserve Bank's Monetary Policy Committee (MPC) on Wednesday (10 September) announced a 100 basis-point (bps) cut in…
#bank#interest rates#international
It took quite a while before members of the East Asean Business Council (EABC) realized the huge potential of the…
Lloyds TSB Commercial Finance in Swansea has helped secure a management buy-out (MBO) at pharmaceutical research company Simbec Research. Senior…
Ingram Micro Inc. expects to record a third-quarter charge of up to $20 million (approximately $13 million net of tax)…
The Union of Small & Medium Enterprises (UNISAME) in a meeting Tuesday has urged Karachi Port Trust (KPT) not to…
Smaller companies are showing a worrying lack of capital investment, according to the Finance and Leasing Association’s (FLA’s) yearly survey…